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Technology Stocks : PSFT - 1997 Outlook [closed thread] -- Ignore unavailable to you. Want to Upgrade?

To: Satyr who wrote (816)	1/29/1998 9:16:00 AM
From: Melissa McAuliffe	Respond to of 940

I don't want to belabor the point but I want to make one more comment here.(at least for now<g>). I think that the whole point is that there are multiple ways to make money in the market and multiple tools to help one do this. But in all cases, those who are consistently successful are those take the time and make the effort to do so. There is no quick and easy solution as I believe many think. I believe that there are many people who think that you can make all your decisions by looking at a chart and some indicators and don't care what the company does, what its fundamentals are or anything else except how the chart looks. And quite honestly, it is alot quicker to look at a chart than to do fundamental analysis to truly understand the company in which you are willing to risk your money. However, I could never understand this, nor could I ever do this. My major point here is that I think there are alot of TAer's out there who make TA sound like some sort of mysticism and actually do it a disservice. But with that said, it really doesn't matter what other people do. It only matters to me what I do. I don't think we should turn this thread into a an esoteric discussion of TA vs. FA but I will say that I think the recent posts have been very interesting. And activity certainly has picked up here!! Anyway, hoping to see my February calls appreciate significantly over the next several days. Melissa